Feds Expand Definition of 'Cash' to Include Stored Value Cards by Mark Nestmann The Nestmann Group, Ltd. Recently by Mark Nestmann: Uour Money Isnt Safe in Any U.S. Financial Institution For the last three days, Ive been in bustling downtown Panama City, Panama, speaking at an offshore conference. Panama is as dynamic as ever, and Ive made considerable progress filing my application for permanent residence. My exit from the United States was relatively hassle-free, other than the mandatory scan of my genitalia by the TSA before I boarded my flight. However, Ive now learned that the Treasurys Financial Crimes Enforcement Network (FinCEN) plans to add another obstacle to leaving (or entering) the United States: declaring the value of any tangible prepaid access devices. In case youre wondering, TPADs are otherwise known as stored value cards. U.S. law has long requir...